2020 TWD to NGN Historical Review

YEARLY HIGH

14.0434 NGN

YEARLY LOW

11.9232 NGN

YEARLY AVERAGE

12.9217 NGN

2020 TWD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TWD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 14.0434. Conversely, the yearly low was recorded on February 1, dropping to 11.9232.

This high-to-low spread represents a total annual volatility of 2.1202 NGN. From a start-to-finish perspective, comparing the January average rate of 12.0704 to the December average rate of 13.6202, the exchange rate registered a net change of 12.84% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 14.0434 was up 15.62% compared to the 2019 peak of 12.1463, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 TWD based on timing:

Yearly Peak High 70,217 NGN

2019 Average 58,300 NGN

Yearly Trough Low 59,616 NGN

Transaction Impact: A difference of 10,600.83 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

13.7755

11.9113

JanuMarcMayJulySeptNove

TWD to NGN Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 12.5528, compared to 13.2905 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7377 points.

H1 Avg (Jan–Jun) 12.5528

H2 Avg (Jul–Dec) 13.2905

Volatility Range Comparison

Volatility

The most volatile month in 2020 was April, with a trading range of 0.9685 NGN (High: 13.0947 / Low: 12.1262). On the other end, July was the most stable month, with a tight range of 0.1497 NGN (High: 13.2737 / Low: 13.1241).

April Spread (Volatile) ±0.9685

July Spread (Stable) ±0.1497

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0544 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0544

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 13.6202) against the same month in 2019 (average: 11.9900), the exchange rate shifted by +1.6302 (+13.60%).

2020 Avg (December) 13.6202

2019 Avg (December) 11.9900

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.2390	11.9232	12.0704
February	12.1722	11.9232	12.0667
March	12.9432	12.0210	12.3136
April	13.0947	12.1262	12.7985
May	13.0796	12.9053	12.9968
June	13.1642	12.9424	13.0710
July	13.2737	13.1241	13.1727
August	13.2372	12.8582	13.1182
September	13.2673	13.0007	13.1370
October	13.4748	13.2068	13.3107
November	13.4501	13.2857	13.3842
December	14.0434	13.3689	13.6202